Hospitality-On
Whitbread, the parent company of Premier Inn, has unveiled plans to sell and lease back at least £1 billion worth of its mature properties to support its five-year growth strategy, despite facing a softer UK hotel market. The proceeds will also contribute to the company’s £2 billion return to shareholders and its focus on expanding the Premier Inn brand…
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Whitbread bets on a sale and leaseback strategy to drive its growth
m.welsch
02:24
Whitbread, the parent company of Premier Inn, has unveiled plans to sell and lease back at least £1 billion worth of its mature properties to support its five-year growth strategy, despite facing a softer UK hotel market. The proceeds will also contribute to the company’s £2 billion return to shareholders and its focus on expanding
